GAMBLING NEWS

Ivobank stopps accepting new customers

Sep 11, 2009

The online payment system Ivobank has recently opened up for new markets and did introduce Norwegian kroner as a new currency for their online banking customers not at all long ago but now things has turned around for the multinational online bank. Ivobank will stop accepting new customers or retail merchants for their payment system for the time being. The new decision comes as a surprise for both customers end the online shops and gambling sites that accept Ivobank as a payment solution.

The reason why Ivobank has decided to stop accepting new customers is according to Ivobank an interest in investing the company’s funds in new projects instead of carrying on with the expansion of the Ivobank online bank. The decision to stop accepting new customers is the start of winding down the full business and in the future shut it down. 

All customers that holds an account with Ivobank at this point does not have to worry either about their accounts or their funds in the Ivobank account. Ivobank assures that all balances will remain the same and the customers are able to withdraw any funds in their account. The customers can for the time being also make use of Ivobank in the same way as before and all functions of the payment system are still intact. Ivobank has set a strategic plan to close the payment system but it will remain solid at the time being.